limited position there. all right. the kbw bank index is up this year. if you think you missed the running financials, think again. especially when you compare them to historical trading levels. we think that the stocks still have meaningful upsides from here. and your top pick is pnc bank. more of a regional player right? when you look at where they're trading they have broken through. when you look at normalized earnings, we still think there is meaningful upside here for pnc. so the number one pick here. what would be a bank stock that you would avoid? that you wouldn't buy with somebody else's money? that's a tough question. most of the banks you're going to want to own. but if you are looking for pure performance, our best banks in this country have lagged this year. so banks such as u.s. bank core are banks that are fantastic. but they are not the risk on if you wanted to avoid that you could go risk on. i understand that you support that jamie dimon keeps both roles that he has because? because when you look at the big picture and you look at the jp morgan stock since the beginning of 2008, it's the fourth best performing stock. it's up about 9 or 10%. bank of america and citigroup are down over 70%. yes they made a error with the trading with the whale and he's admitted that. he didn't handle it very well. the regulators have corrected the situation. there is no proof that it will make the stock any better. pnc right? pnc and for the risk on investors it would be citigroup. if you want a growth, citigroup to us is the real turn around story. thank you very much. coming
TheStreet Ratings rates Sirius XM Radio as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, good cash flow from operations and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Sirius XM Radio Ratings Report.
to come. Buybacks will continue to accelorate the PPS. This stock is a cash machine.
Thanks for your email.
RBS announced that it was in a position to resume payments on the three Trust Preferred Securities of RBS N.V. (RBS Capital Funding Trusts V, VI and VII otherwise known as RBS-G, RBS-I and RBG-E) on 3 May 2013 alongside its Q1 2013 Interim Management Statement. The first payment will be made at the end of June 2013, for the 3 months ending 30 June 2013. Future coupons will only be paid subject to, and in accordance with, the terms of the relevant instruments.
Please see this page for more details: http://www.investors.rbs.com/preference_dividends
good but the absence of any news or announcement I dont see it happening I sure hope im wrong.
schopfer- where did you see tthe following announcement:?
"the Group announced on 3 May 2013 that it was in a position to resume these payments."
Here is the communication I received from IR
Thanks for your email.
Following the recent expiration of the European Union ban, RBS is now free to pay the coupons on these securities, subject to the Board's discretion. At this point, we have not announced whether or not we will make the next payments, due in June. It is likely that any announcement, whether we decide to pay or not, will be made alongside our Q1 2013 Earnings, due on 3 May.
Any missed payments are foregone as this security is non-cumulative in nature.
RBS Investor Relations